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JLL Cleveland Chart of the Week
1. CLE+ manufacturing growth projections
Cleveland
ā¢The shift from traditional to advanced manufacturing is playing a critical role in the regionās economic
transformation. Between 2010 and 2020, manufacturing gross regional product is projected to grow 39
percent to $43 billion. Over the same period, U.S. output is only projected to grow 33 percent.
ā¢Many key manufacturing sectors anticipate double-digit growth by 2020 and projections indicate that
each of the top ten sectors are expected to grow through 2020. Three of the top four sectors (plastics and
rubber, chemicals and fabricated metal) will grow faster than the industry cluster as a whole.
Source: JLL Research, Team NEO
Chart of the week: February 2, 2015
47%
67%
32%
104%
34%
24%
22%
57%
5%
21%
$0 $1 $2 $3 $4 $5 $6 $7 $8 $9 $10
Fabricated Metal Mfg
Chemical Mfg
Machinery Mfg
Plastics & Rubber Mfg
Primary Metal Mfg
Food Mfg
Transportation Mfg
Appliance Mfg
Petro & Coal Mfg
Electronic Mfg
2010 2020
Largest Manufacturing Sectors by GRP ($ Billions)